Colorado Association of REALTORS: Legislative Update

Senate Bill 17-215 “Sunset Licensed Real Estate Brokers & Subdivision Developers” CAR Position – Support. This bill, which continues the Division of Real Estate, the Real Estate commission and the regulation of real estate brokers until 2026. It passed second reading in the Senate on March 27. The bill directs the Real Estate Commission toContinue reading “Colorado Association of REALTORS: Legislative Update”

Colorado Association of Realtors: CAR Attorney Testifies at Pre-Hearing

On January 25th, CAR General Counsel, Scott Peterson testified at the pre-hearing on the Division of Real Estate Sunset before the Senate Business, Labor, and Technology Committee. This pre-hearing was an opportunity for the committee to hear from the Department of Regulatory Agencies’ Policy Analyst and stakeholders on the DORA Sunset Report. Peterson shared CAR’sContinue reading “Colorado Association of Realtors: CAR Attorney Testifies at Pre-Hearing”

Colorado: Division of Real Estate Aware of Appraisal Problems

A CAR advisory group agreed that appraisal delays are a problem for REALTORS now and in the future. There are fewer appraisers in the industry and more regulations governing their educational requirements and standards. The question is, how can our industry help affect change in another? Fortunately, the Division of Real Estate is alsoContinue reading “Colorado: Division of Real Estate Aware of Appraisal Problems”

Colorado Association of REALTORS: Legislative Policy Committee Looks Towards 2017 Session

CAR’s Legislative Policy Committee (LPC) discussed key issues it will likely address in the upcoming session. First on the list was the Division of Real Estate’s sunset review. The Department of Regulatory Agencies (DORA) will issue a report in November outlining any regulatory changes it recommends. CAR recommend changes to continuing education (45 credits overContinue reading “Colorado Association of REALTORS: Legislative Policy Committee Looks Towards 2017 Session”

Colorado Association of Realtors: Rule F-7 Won’t Change

Thanks to hard work by CAR staff and leadership, the Colorado Real Estate Commission recently voted not to adopt proposed changes to Rule F-7. According to CAR’s General Counsel, Scott Peterson, several attorneys who serve on the Real Estate Commission proposed changes to F-7 creating a list of criteria that would require a lawyer toContinue reading “Colorado Association of Realtors: Rule F-7 Won’t Change”

CREC Imposes Moratorium on Form Changes

The Real Estate Commission has requested a moratorium on form revisions according to Marsha Waters, Director of the Division of Real Estate. Waters says the Commission wants to simplify the forms and make them easier to understand for consumers and agents. Some forms will have minor changes (listing document and contract) but those changes areContinue reading “CREC Imposes Moratorium on Form Changes”